NEW YORK (Reuters) - Borrowing at a key Federal Reserve facility long associated with providing emergency loans to banks has been edging higher, recently climbing to over $10 billion for the first ...
NEW YORK, Sept 26 (Reuters) - Michael Barr, the Federal Reserve's regulatory chief, said on Thursday that banks should put aside worries about the stigma of using the U.S. central bank's discount ...
(Reuters) - Federal Reserve efforts to overhaul a key emergency lending facility historically viewed with anxiety by banks are now being joined by potential congressional action. On Friday, Democratic ...
July 28 (Reuters) - U.S. banks should incorporate the Federal Reserve's emergency lending facility known as the "discount window" as part of their contingency funding plans, federal banking regulators ...
The discount window at the Federal Reserve allows banks to borrow money at an above-market rate in exchange for high-quality collateral. The facility is always available to use, but typically nobody ...
"Over the past few years, the discount window has been used more than was the case before the pandemic," Jefferson said in remarks prepared for delivery at the Atlanta Fed's Financial Markets event, ...
Change is coming to one of the Federal Reserve's oldest policy tools, but as the central bank's No. 2 official said, that is nothing new. In a two-part speech delivered Tuesday night and Wednesday ...
Loans through the Federal Reserve Board's discount window dropped 7.1% during the past week, to $29.763 billion Wednesday, as commercial and investment banks decreased their borrowing. Processing ...
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